Clarus Therapeutics Holdings (Clarus Therapeutics Holdings) Days Inventory : 1,248.20 (As of Jun. 2022)

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What is Clarus Therapeutics Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Clarus Therapeutics Holdings's Average Total Inventories for the three months ended in Jun. 2022 was $15.87 Mil. Clarus Therapeutics Holdings's Cost of Goods Sold for the three months ended in Jun. 2022 was $1.16 Mil. Hence, Clarus Therapeutics Holdings's Days Inventory for the three months ended in Jun. 2022 was 1,248.20.

The historical rank and industry rank for Clarus Therapeutics Holdings's Days Inventory or its related term are showing as below:

CRXWQ' s Days Inventory Range Over the Past 10 Years
Min: 246.09 Med: 796.39 Max: 1471.61
Current: 1471.61

During the past 2 years, Clarus Therapeutics Holdings's highest Days Inventory was 1471.61. The lowest was 246.09. And the median was 796.39.

CRXWQ's Days Inventory is not ranked
in the Drug Manufacturers industry.
Industry Median: 158.075 vs CRXWQ: 1471.61

Clarus Therapeutics Holdings's Days Inventory increased from Jun. 2021 (0.00) to Jun. 2022 (1,248.20). It might indicate that Clarus Therapeutics Holdings's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Clarus Therapeutics Holdings's Inventory Turnover for the three months ended in Jun. 2022 was 0.07.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Clarus Therapeutics Holdings's Inventory-to-Revenue for the three months ended in Jun. 2022 was 3.92.

Clarus Therapeutics Holdings Days Inventory Historical Data

The historical data trend for Clarus Therapeutics Holdings's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Clarus Therapeutics Holdings Days Inventory Chart

Clarus Therapeutics Holdings Annual Data

Trend

Dec20

Dec21

Days Inventory

246.09

1,346.68

Clarus Therapeutics Holdings Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Days Inventory	Get a 7-Day Free Trial			-	2,232.94	944.85	2,002.55	1,248.20

Competitive Comparison of Clarus Therapeutics Holdings's Days Inventory

For the Drug Manufacturers - Specialty & Generic subindustry, Clarus Therapeutics Holdings's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Clarus Therapeutics Holdings's Days Inventory Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Clarus Therapeutics Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Clarus Therapeutics Holdings's Days Inventory falls into.

Clarus Therapeutics Holdings Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Clarus Therapeutics Holdings's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

	Days Inventory (A: Dec. 2021 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2020 )	+	Total Inventories (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (5.857	+	14.214)	/	2 )	/	2.72	*	365
=	10.0355					/	2.72	*	365
=	1,346.68

Clarus Therapeutics Holdings's Days Inventory for the quarter that ended in Jun. 2022 is calculated as:

	Days Inventory (Q: Jun. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2022 )	+	Total Inventories (Q: Jun. 2022 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2022 )	*	Days in Period
=	( (14.93	+	16.805)	/	2 )	/	1.16	*	365 / 4
=	15.8675					/	1.16	*	365 / 4
=	1,248.20

Clarus Therapeutics Holdings (OTCPK:CRXWQ) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Clarus Therapeutics Holdings's Inventory Turnover for the three months ended in Jun. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.16	/	15.8675
	=	0.07

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Clarus Therapeutics Holdings's Inventory to Revenue for the three months ended in Jun. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	15.8675	/	4.05
	=	3.92

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Clarus Therapeutics Holdings Days Inventory Related Terms

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Clarus Therapeutics Holdings (Clarus Therapeutics Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Clarus Therapeutics Holdings Inc (OTCPK:CRXWQ) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

555 Skokie Boulevard, Suite 340, Northbrook, IL, USA, 60062

Website

https://www.clarustherapeutics.com

Clarus Therapeutics Holdings Inc is a pharmaceutical company with expertise in developing androgen and metabolic therapies for men and women, including potential therapies for orphan indications. The company is focused on focused on the commercialization of JATENZO (testosterone undecanoate), the first and only oral testosterone replacement, or testosterone replacement therapy, and JATENZO is the sole source of company's revenue.